2. The bullish increase of gold futures has little effect on the gold trend and price judgment on a certain day, or it is not directly related. There are many factors that change the price of gold on a certain day (including interest rate changes, the introduction of Fed policies, the influence of other currencies, etc.). ) 3
3. From the beginning of last year to this year, the net long position of gold futures has been decreasing, and the price of gold has been falling. As can be seen from the figure below.
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